Skip to main content

About your Search

20130101
20130131
SPONSOR
STATION
CNBC 43
FBC 31
CSPAN2 14
CNNW 12
CSPAN 10
KQED (PBS) 9
KTVU (FOX) 7
KQEH (PBS) 6
MSNBCW 6
CNN 5
COM 5
KRCB (PBS) 4
LINKTV 4
( more )
LANGUAGE
English 186
Search Results 0 to 49 of about 186 (some duplicates have been removed)
CNBC
Jan 18, 2013 3:00pm EST
, ben bernanke's advice given a decade plus going to the japanese was definitely put in place, the liquidity programs, the quantitative easing, the monetizing and look what happened to their stock market, and if you also look at what happened to the jgb, briefly, they shot up in yield. it's moderated a bit. kyle bass is on today with david faber and everybody loves kyle bass. >> right. >> he talked about the first black swan with all the central banking activity probably turns out to be japan. we don't know when. i would fully agree and i think these two charts give you some clues that there is a possibility. >> andres, what do you think? is japan back? >> well, i think to a certain extent the unintended consequences is what we're actually going to see in the couple of months to come which is i don't think japan has the ability to get to 2% inflation which is their target any time soon, but that inflation might present itself in places like commodities. another way to look at it is look at carry trade and countries like mexico that have tame inflation. still, you can get 4.5%, 5% o
CNBC
Jan 14, 2013 7:00pm EST
all. fed chief ben bernanke is saying it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the americ
FOX Business
Jan 14, 2013 1:00pm EST
? >> treasuries are in a range. once ben bernanke speaks at four o'clock this afternoon, market attention turns to the economic data we have. we have a lot of that da over the next three days. beyond that, the all important focus on what's going on in washington, 1 washington battles over the hearts and minds of spending cuts. >> the president, moments ago, spoke on the necessity of raising the debt ceiling, that the u.s. has to pay the bills it's racked up or markets could go haywire causing a self-inflicted wound to the economy. is he exaggerating? what's the take on the remarks in reaction how the debt ceiling sorts itself out? >> i don't think he's exaggerating at all. we have these debates every year right now, and we have the better part of the last 20 years, but it seems like when it comes to the wire, we always find a way to raise the debt ceiling, get washington back to work again, and that is our expectation. the difficulty is that the uncertainty in washington is freezing the treasury mark and investors. >> okay. back to ben bernanke, commenting this afternoon, if he reassures
CSPAN
Jan 14, 2013 8:30pm EST
brewer delivers her state of the state address of arizona. and ben bernanke discusses economic issues at the university of michigan. >> tomorrow morning on "washington journal", we will have a member of the budget and armed services committee and he will talk about his gop colleagues and went is being called a conservative case more revenue. we will also talk with matthew cartwright, a member of the oversight and government reform committee. "washington journal" is live on c-span every day at 7:00 a.m. eastern. >> next monday c-span is yours. we are your front row seat for the inaugural ceremony of president obama. we will cover other festivities including the afternoon parade. throughout the day, we will take your phone calls and comments and facebook and twitter feedback. live coverage starts at 7:00 a.m. eastern on c-span, c-span radio, and c-span.org. >> student camera video entries with your message the president are now due. to them and let us pray for your chance at the grand prize of $5000. there are $50,000 in total prizes. for more details, go to studentcam.org. >> now mayor
Comedy Central
Jan 8, 2013 1:30am PST
ben bernanke goes to the fed break room vending machine, inserts the count and picks either cheese nips or save the world economy. [cheers and applause] folks -- frankly, i do not think this will ever hasm first of all, when -- ever happen. first of all, what do you put on a trillion dollar coin snon the tail side a bald eagle breathing fire while making love to then american flag. what is on the snead obama? boehner? i'll tell what you it should be the charmin bears because when you pull an idea like this out of your ass, you're going to need something soft. [ laughter ] besides, it doesn't matter, all of this means nothing because a one trillion dollar coin doesn't solve anything. our nation's debt is $16 trillion. we can't make a $16 trillion coin. that's just silly. we'll be right back. [cheers and applause]>> stephen, everybody. thank you so much. [cheers and applause] folks in just a few minutes my guest will be jimmy wales, founder of wikipedia, the gigantic free online encyclopedia that invites users to write and edit all the articles. it's that feature that allowed me to r
Comedy Central
Jan 14, 2013 10:30am PST
. it president can order it to be deposited at the federal reserve. >> stephen: then ben bernanke goes to the fed break room vending machine, inserts the count and picks either cheese nips or save the world economy. [cheers and applause] folks -- frankly, i do not think this will ever hasm first of all, when -- ever happen. first of all, what do you put on a trillion dollar coin snon the tail side a bald eagle breathing fire while making love to then american flag. what is on the snead obama? boehner? i'll tell what you it should be the charmin bears because when you pull an idea like this out of your ass, you're going to need something soft. [ laughter ] besides, it doesn't matter, all of this means nothing because a one trillion dollar coin doesn't solve anything. our nation's debt is $16 trillion. we can't make a $16 trillion coin. that's just silly. we'll be right back. we'll be right back. [cheers and applause] isurprise...it's eating less. to losing weight. i'm hungry just thinking about it. thank goodness for new slimful. one delicious, 90-calorie slimful and a glass of water, l
FOX Business
Jan 14, 2013 4:00pm EST
$31 an ounce. fed chief ben bernanke he's at the university of michigan taking questions this hour. we are keeping a close eye on an event. this is an event that really could move markets tomorrow. set the whole futures up. and we're going to update you throughout the hour on anything he says that could affect your investments. sandra: plus big news in the tech world. we have got reports that dell is in talks to go private, and that's sending shares way up today, up more than 12 bucks. the iphone keeps losing market share and iphone part manufacturers they are losing orders. is it time for tim cook to lose his job? we've got an analyst who covers both of those companies, david coming up. david: also toyota driving past gm taking the title for the world's top selling automaker. we will go live to the detroit auto show to hear from toyota u.s. president about what new cars are hitting the road. wait till you see the new mercedes by the way. but first we will tell you what drove the markets today with today's data down load. stocks struggling for direction today. the dow crossing the
CSPAN
Jan 19, 2013 10:00am EST
festivities, ben bernanke talked about the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes t
CNN
Jan 14, 2013 8:00pm PST
you, ben bernanke came out today and weighed in on this whole thing in a way that might shock people because he said, you know what, to hell with the debt ceiling, although he said it in ben bernanke style. let me let him say it. >> i think it would be a good thing if we didn't have it. i don't think that's going to happen. >> so would it be better if we didn't have a debt ceiling at all? >> yeah, absolutely it would. this is a silly thing which ought to happen automatically because our debt is going to grow along with our economy from year to year. especially it's going to grow in times when we need to spend a little more to juice our economy. but you know, bernanke has very little credibility with the republican party because republican leadership last year actually sent letters to him saying stop with your quantitative easing and your other extraordinary measures to juice this economy. they're already angry at him, so him saying we should from the debt ceiling is not going to do anything in congress. >> part of the problem is the debt seems to go up and good times and bad t
FOX Business
Jan 30, 2013 3:00pm EST
just common sense. from td ameritrade. liz: status quo again at the federal reserve. ben bernanke he's seen walking and talking here, but it's pretty much staying in place, staying the course on monetary policy again. no end to quantitative easing as it's known in the foreseeable future. so time to move on to the friday jobs report perhaps. we're always looking at the next thing here on countdown to the closing bell. good afternoon everybody. i'm liz claman. this is the last hour of trade. arguably the most important hour because it's how the market ends, not how it begins. the fed made it pretty clear to the markets that rates are not going up any time soon. asset purchases that it's been making will continue. but the reaction in stocks, what do we see? a bit of selling pressure in the wake of the no decision decision. dow jones industrials down about 23 points at the moment. but when you take it in the bigger picture, trading near five year highs. if the blue chips were to finish the day in the plus column, it would be the 7th day of gains out of the past 8. a nice stringing together
CNBC
Jan 14, 2013 4:00pm EST
now from ben bernanke on the debt ceiling. over to you, steve. >> thank you very much. ben bernanke commenting on the fiscal cliff. saying there was progress there but the u.s. economy and the theretos from the fiscal debate, the u.s. economy is not out of the woods yet. raising the debt ceiling, he said, gives the opportunity to spend now. like a family trying to raise its credit rating not deciding to pay bills. we think we're getting some effect in lowering interest rates but it's still early yet to tell. we have found qe to be an effective tool. we will continue to assess how effective. just before you came to me he was asked one of the criticisms. aren't the fed quantitative policies overspending by congress. the chairman saying it's not the fed's job to play games and make congress do what it should be doing on its own. >> he keeps saying this in so many words. you'd think people would get it at this point. thank you so much. >> you would think, yeah. >> steve leisman. president obama telling republicans to move quickly on the debt ceiling. jon harwood on the president's main theme at hi
FOX Business
Jan 14, 2013 3:00pm EST
is over at the cme. another piece of news we're getting today. apple and dell aside, ben bernanke said to speak about an hour from now to give a big speech. we're always curious what he is going to say but could it be a market moving type of address from the fed chief? kevin: it is worth noting today perfectly after they have come out last weekend with indications from voting members that may b maybe qualitative usg program could and did 2013. we will be looking for hints to see if there's any follow-up from the chairman on this because he is the one making the ultimate decision here. you look at the treasury prices today, we're off of our highs, not a lot driving things. a lot of data coming out this week that looks new to show us the health of the economy and with q4 earnings coming out this week, we will be watching and listening to corporate executives to see what the capital spending limit look like and that may drive things for the first half of the year. cheryl: more news in the oil market. tom riley right now at the nymex and i want to focus particularly with you on the issue o
FOX
Jan 14, 2013 6:00am PST
close. also after the close fed chief ben bernanke has a monetary policy speech. that certainly those things combined could effect the markets this week. >> really big stuff. >>> we'll smile and say good morning, to you. thank you for joining us here on ktvu channel 2 morning news it's monday, january 14th i'm dave clark. >> good morning, i'm pam cook. >> in the news this morning one oakland city leader calling for a state of emergency in oakland after another violent weekend on the streets. four people were killed. 11 others were wounded just since friday. ktvu tara moriarty is in oakland right now. she tells us the latest shooting that happened last night. >> reporter: out of control that is what oakland's vice mayor is saying about the rash of violence this weekend. larry reid says the city needs to call for a state of emergency he believes the move would free up mutual aid funds from the state. the spike in violence did lead to a conference call between oakland police chief and the mayors and several staff members. the most recent shooting happened at a birthday party last n
CSPAN
Jan 16, 2013 7:30am EST
-span.org. .. >> ben bernanke called on congress to raise the debt ceiling. he said the u.s. can avoid defaulting on its day. the dean and the university's ford school of public policy moderates this discussion. this is just over an hour. >> thank you very much. it is also my great pleasure to welcome all of you here today, and on the half of the gerald r. to ford school of public policy, the university of michigan is extremely honored to welcome the honorable ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in a series of distinguished lectures, "policy talks @ the ford school." we are so pleased that susan white could introduce today's event and we're also very pleased to have president mary sue coleman with us today, as was regions american nelson and power, who were already mentioned to you. we also have several of the university executive officers and deans. and i would like to welcome all of them to thank them for joining us today. while it's an honor and truly a personal pleasure for me to introduce our special gu
KICU
Jan 23, 2013 4:00am PST
go down in the next two to three months. > economists are questioning whether fed chair ben bernanke will be around for much longer. what do you think about that? > > it seems like the market is agreeing that he probably won't be around. but whoever he hands the baton to is probably going to keep his foot on the gas pedal just like ben did. > good to have you on the show. that is larry shover of sfg alternatives. thank you larry. > > thank you. it's estimated that there are more than 8.5 million industrial and service robots in use in the world. they make cars, process food and protect us in defense applications. and as our cover story shows you, more of them are being designed to work side-by-side with humans in the workplace. more than 120 companies brought their latest creations that lift, sort and do repetitive motions in the workplace. "we're trying to give the robots more human attributes and also add sensor technology." a lot of this is dedicated to heavy-industry. the plexi-glass safety wall used in this display is often common in the workplace to prevent injury. but
NBC
Jan 15, 2013 4:30am PST
ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47. it is cold out there this morning. you're going to need all the winter gear you have in your closet. you could wear the snowboarding gear to work this morning if you wanted to. stay warm. i definitely brought my board and jacket in this morning. it's frigid out there. this is the last morning we expect the mid 20s. tomorrow we'll see more upper 20s and low 30s. this morning it is very cold. even colder than yesterday in some cities. just about the same in gilroy at 27 degrees to start. 33 in san jose. 30 in livermore. and concord this morning. and what's different is we lost that wind from yesterday. that mixes up our atmosphere and keeps the very cold dense air from settling to the surface. as a resu
PBS
Jan 30, 2013 6:30pm PST
economy for two days, chairman ben bernanke and his colleagues issued what most called a "no news" statement. the fed says it will keep interest rates near zero and plans to keep buying bonds in order to keep interest rates low. today's g.d.p. report didn't change that plan. >> what the fed is trying to do is generate stronger labor market growth and labor market performance and we don't really have any data on that yet. so we don't have the employment report yet, so we think it is just status quo for the fed at this time. >> reporter: well, almost status quo. the fed continues to watch congress closely for clues about whether deep, automatic federal spending cuts will take effect in a month or congress will decide to close down parts of the government as republicans and democrats battle over the budget. >> i think the fed is very conscious of the fact that fiscal policy which had been providing stimulus earlier in the recovery had really now turned to a strongly contractionary phase and so, when the fed thinks about what it needs to do, it views that as part of the backdrop for i
PBS
Jan 25, 2013 7:00pm PST
federal reserve policymakers are thinking. ben bernanke and the open market committee hold a two-day meeting, starting tuesday, bernanke meets the press wednesday to answer questions about fed policy. and monday, n.b.r.-u heads to philly. we talk stocks for the long run with wharton professor jeremy siegel. ahead of that, you can read professor siegel's latest market thoughts on nbr.com. just look for the n.b.r.-u tab. you've heard of google glasses and gloves with handwarmers, but technology is about to take fashion to the next level. gregg greenberg from "the street" reports. >> reporter: computer geek rarely hooks up with runway chic. but the latest buzz in the fashion industry, wearable technology, could change that. and wall street is taking notice of what's currently a billion dollar industry and could soon rock the retail world. >> longer term there is no reason by the end of the decade it's not tens of billions of dollars and eventually hundreds of billions of dollars because you are talking watches, bracelets, glasses, clothing and lot of things you can't even think about to
ABC
Jan 15, 2013 4:00am PST
him. >>> welcome back, everybody. fed chairman ben bernanke says the u.s. economy is, quote, not yet out of the woods. the nation's top banker says avoiding the fiscal cliff was good, especially since the alternative would have probably been another recession. but he says there's more work ahead, such as raising the debt ceiling so the government can pay its bills. >>> coca-cola is running spots on cable television that say it's doing its part on obesity. the ads point out that more than one-fourth of its beverages are low-calorie. and burning off the 180 calories from a can of coke can be fun. critics say the commercials minimize the issue and are just damage control. >>> apple is on fire over its stock slump. shares are down to about $500, off almost one-third since last september. the stock peaked at more than $700 when the iphone 5 was announced. sales of the phone are pretty weak, putting pressure on apple to develop a cheaper version. >>> and another darling of silicon valley is promising a big announcement today. but facebook isn't saying exactly what all this is about. most o
FOX Business
Jan 18, 2013 1:00pm EST
ben bernanke and another fed governor, fred mishkin both mentioned the "r" word at that meeting, recession. at that meeting fed members approved a big cut in short-term interest rates. half a percentage point in the fed fund rate and kept cutting regularly after that all the way down to they're. ashley: peter barnes, thank you. how the fed policy was handled as the country tumbled into a economic crisis. jon hilsenrath. you've been pouring over these minutes. >> can i tell you there is 1566 pages for people to, for peter and myself to go through. there is a lot of documents. ashley: i want to go to page 982. just kidding. what stand out for you. what have you been able to look at so far? >> i tell you what stands out. a lot of history all too well. what stands out is the personalities. this is the best window that we have into how these people were thinking, what they were saying and how they were behaving, at the cusp of this crisis. the personalities come out really interesting ways. ben bernanke, obviously a central figure here. if we see a person who basically transforms ove
NBC
Jan 15, 2013 4:00am PST
orders for iphone parts due to weak demand. after the bell ben bernanke praised washington's fiscal cliff deal which he said probably would have caused a recession this year but cautioned, quote, we are not out of the woods yet. >>> a troubling new report finds more than one in four workers are dipping into retirement funds to keep up with their current bills. apparently folks in their 40s are most likely to do this. >>> some good news on the housing front. new numbers show home prices rose 7.5% in 2012. that's the most in six years, thanks to improving demand and fear of foreclosures. >>> swatch scooping up henry winston's line of watches for $1 billion. >>> toyota sold just under 10 million vehicles last year. >>> coca-cola is taking heat for its new ad campaign, meanwhile, encouraging people to come together to fight obesity. critics say, coke is just doing damage control to combat its contribution to the country's growing obesity problem. we'll find out what facebook's big mystery is at a much-hyped media event today. rumors are ranging from a new search feature to rival google
KICU
Jan 14, 2013 4:00am PST
chairman ben bernanke delivers a speech right at the market close today at the university of michigan. he will be taking questions from reporters. the week starts with the s&p 500 still above 1470. stocks have now made gains two weeks in a row to in the new year. best buy was one of the top- performing stocks in the s&p friday. shares gained $2 after reporting holiday sales weren't as bad as traders thought. and blackberry is building a buzz over its new smartphone rolling out at the end of the month. reports say verizon, sprint, t-mobile and at&t all plan to provide networks for the blackberry 10. it's considered a major victory for reach in motion. what better way than to start the morning with tim mulholland of china-america capital? good monday morning to you. > > good morning angela. > what do you anticipate in the market for the week? > > we are off to a very strong start to the year. we get some retail sales data and inflation data this week. inflation data we may start to pay more attention to as the year goes on, given the 2.5% cpi bar that the fed has set for stopping its policy
CNBC
Jan 31, 2013 3:00pm EST
something with ben bernanke that the rest of us don't know about because they are not going anywhere, right? >> the funny thing was before our segment came on i was watching one of the tvs over here and i saw beyonce singing the national anthem, and i was wondering if ron would come in and was lip synching for ben bernanke actually. >> i do because i think he's the best. >> bernanke is not lip synching anything. they are not going anywhere. they are for real. >> he's an original. the thing about fed policy, as was said yesterday, the fed is not going to tighten policy until the unemployment rate comes down towards 6.5% or inflation, which it's not doing, gets above 2.5%, so the fed is going to be easing still for quite some time and the economy is strengthning and a lot of good things are going on. energy expansion, manufacturing is coming home. we've talked about this many times in the past. the profit reports we've seen thus far is quite encouraging. hard to argue that the market is sending a message that it's in trouble. >> encouraging is in the eye of the beholder. we took these numbers
PBS
Jan 14, 2013 12:00am PST
, except this one, i would have said, "no, let's leave it up to my former colleague, ben bernanke." but he can't do the job right now. and so, we need the government. >> and if the president were sitting across the table from you and asking, "where would you spend this money, paul?" what would your answer be? >> right now it's easy because right now we can do it very quickly simply by restoring the spending cuts that have already happened. if you gave me unlimited carte blanche in terms of spending, i would want to go beyond that. i'd want to talk about and pretty straightforward things, even so. we have you know, fix the sewer lines. i mean, we have, we have a lot of, a lot of basic infrastructure needs that are worth doing in any case. but right now you can get a quick boost just by rehiring those school teachers and filling those potholes. we are something like $300 billion a year short of the spending that we should be undertaking just for the normal business of government. and that extra $300 billion a year would be a really big deal for the economy if we could do it right now. >>
CNBC
Jan 22, 2013 3:00pm EST
been a big party. ben bernanke invited us and i don't think the punch bowl goes away. >> the fed is the key issue right now. does that trump the fundamentals, all the earnings we're getting, you pay more attention to the fed? >> you think we have low growth and quite frankly investors are starved for air. they have been holding their breath for four years. there is no oxygen in any other market. there's no place to go for yield. therefore, essentially i think ben is terroristing it to the point to where they got to jump into risk assets and that's what we're seeing. >> david, does that make you bullish as well? >> david? >> we do have a david as well. david steinberg. >> that would be steve saks now. >> does that make you bull strategic defense initiative. >> we had a change in guests. >> yes, we did. >> changed at the last minute, i guess. there's a lot of factors that make me bullish right now. the macro economic picture is definitely one of them. you know, you nailed it with the fact that the fed is still printing money and despite the language that we saw in the last minutes, there'
CNBC
Jan 18, 2013 1:00pm EST
financial crisis. one of the more interesting threads is the transformation of fed chairman ben bernanke. from hawk to dove. my own feeling is that we should resist a rate cut until it is clear from economic data and other information that is needed. i prefer to avoid giving the impression after bail-out or put if we can by december he was saying, in proposing the liquidity measures there are usual hazards and so on in my view at this point the imperative of helping markets function more normally and support economic functioning is stronger. putting more hazard decide there. it is clear from transcript, to be fair, response spo tot crisis of decades, doing policy one certain way. they today throw out the old rule back and once they did it, looking back, and answering the question, changing again at the right time. >> here we get the actual transcripts. what we've got before and minutes of meetings, no name summaries, and minutes tend to be something of a document designed to also influence market opinion. this is bare bones stuff. >> thank you very much. >> my pleasure. >> thank you, tyler. le
FOX Business
Jan 15, 2013 5:00pm EST
around. we have a lot more on the other side of this break. like ben bernanke saying time to ditch the debt ceiling all together. is it as silly as he says it is? we'll debate that. more "money" ahead what are you doing? nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ . melissa: so moving onto another budget fight and accusations that republicans will hold the debt ceiling hostage over spending cuts, federal reserve chairman ben bernanke said there is no practical purpose to the debt ceiling and it is a device to prevent the u.s. from p
WHUT
Jan 2, 2013 6:00pm EST
fiscal cliff was coined by ben bernanke. ben bernanke did not want us or did not want the country to get into the situation of higher taxes -- in large part, i think that would have made his job even harder because the higher taxes would have flowed -- slowed down the economy and there would have been even more pressure on the fed to engage in monetary easing, quantitative easing as it is called. the fed really cannot do all of that much more than it is doing. interest rates are at historic lows. bernanke did not want tax increases, so he was trying to control or affect what was going to be happening on the fiscal side. it was really more of a ramped than a cliff in the sense that the sequester cuts -- we will talk format that i'm sure -- but the automatic cuts that were put in place with the debt ceiling deal of the summer actually would come into play well into the year and some near the end of the year. there was or there is quite a bit of time on that. the tax rate increases, i think very few people actually felt there would be a major income tax increases on 98% of the populatio
FOX Business
Jan 16, 2013 12:00am EST
reserve chairman ben bernanke said there is no practical purpose to the debt ceiling and it is a device to prevent the u.s. from paying its bills. why are we watching washington fight over it? maybe we should get rid of it. here is susan occhs, american banker columnist and former senior advisor to president obama and stephen hayes, "weekly standard" and fox news contributor. i will ask you both and, susan, start with you. does it serve a purpose? >> it really doesn't. this is kind of a belt and suspenders operation. if congress wants input how much money to be spent, there are 13 congressional committees that spend appropriations bills that spend money. this is time to have the conversation. they're holding economy hostage. what was benign in the system is now become dangerous. melissa: has to be reason, stephen? says belts and suspenders. maybe we have own our belt has fallen off and this is all we have left. >> so only tempting to go with the pants down met at that far. melissa: i laid that up to you. you needo spike it home. >> i would problem list mess it up. i think it is useful.
CNBC
Jan 7, 2013 2:00pm EST
gamble. >> moral hazard problem that makes fannie mae look small. we have ben bernanke pushing on the rope, pushing on the bank balance sheets. we've got banks that don't want to lend that money out in interest rate because the small business owners who are supposed to be recipient of that money according to the federal reserve are too risky to take loans at that rate. so it is high pojcated and used to gamble in derivatives market. all of this is happening opaquely, off balance sheet and the big fear is what happens when the black spawn comes along and everyone calls in their collateral. >> steve, do you disagree? >> i think it is factually inaccurate to say the excess reserves are high pojcated. i do believe there is excess reserves out there and that there is a small increase in lending about a half trillion since 2010. most reserves were made excess. they are not required, showing they haven't turned into loans. my understanding is that you cannot hihypothicate in loanes. the only difference is what is in excess reserves and the loans that are out there. . bill, as far as i un
CNBC
Jan 3, 2013 4:00pm EST
leadership, ben bernanke, janet yellin and bill dudley think. i don't think any of those guys are ready to take their foot off the accelerator yet. the key thing to remember is if a year from now the fed is realistically thinking of stopping the quantitative easing, it will be because the economy is doing what they want it to do. the economy will be growing 2.5%, to 3%, unemployment down to 6.5%, a really good scenario for the stock market, and they will not be worrying about the fed pulling back because the economy will be doing what they want it to do. >> greg, if there's any concern that markets should have, as you reiterate today, it's maybe more on the fiscal policy side of things and what's coming out of washington, not from ben bernanke but cap hill, and i was surprised to read your take comparing policy today is the equivalent of beirut in 1982. >> kelly, i don't mean that in a bad way. except for the bombs going off it's felt a bit like civil war on the fiscal front in washington for the last two months, two years actually, and the market has basically gotten used to this constant
CNBC
Jan 11, 2013 3:00pm EST
that's the reason that this market keeps going higher, that and, of course this, easy policy by ben bernanke. it's not necessarily based on fundamentals, not the guidance that you like to hear or the strong earnings that you like to see. >> that's right. you make a point, david, about profits, and i agree. i think that has to run now in coordination with d.c. having legislative policy that's in place and that creates a sentiment of security within the investing public. >> this is a where's the beef type of market right here. this is a very important tipping point. the biggest things driving the market last year were things that did not happen. no greece exit, no china hard landing, for u.s. double dip recession and add that with the monetary stimulus. that's what pushed the market up. what we need to fill the tank with profits. otherwise we're driving on fumes right now. >> jeremy segal, who i spoke with earlier today thinks we're going to hit record highs, that we're going to have multiple expansion, that earnings are going to come in well over 100 bucks. >> well, there aren't any
CBS
Jan 25, 2013 7:00pm EST
on n.b.r., we'll find out what the federal reserve policymakers are thinking. ben bernanke and the open market committee hold a two-day meeting, starting tuesday, bernanke meets the press wednesday to answer questions about fed policy. and monday, n.b.r.-u heads to philly. we talk stocks for the long run with wharton professor jeremy siegel. ahead of that, you can read professor siegel's latest market thoughts on nbr.com. just look for the n.b.r.-u tab. you've heard of google glasses and gloves with handwarmers, but technology is about to take fashion to the next level. gregg greenberg from "the street" reports. >> reporter: computer geek rarely hooks up with runway chic. but the latest buzz in the fashion industry, wearable technology, could change that. and wall street is taking notice of what's currently a billion dollar industry and could soon rock the retail world. >> longer term there is no reason by the end of the decade it's not tens of billions of dollars and eventually hundreds of billions of dollars because you are talking watches, bracelets, glasses, clothing and lot of
Search Results 0 to 49 of about 186 (some duplicates have been removed)